Extraordinary Event means any event, circumstance or cause which Royal Bank determines has or will have a material adverse effect on the ability of Royal Bank to perform its obligations under the Notes or to hedge its position in respect of its obligation to make payment of amounts owing thereunder, including as a result of any of Royal Bank’s internal policies, and more specifically includes a Market Disruption Event in respect of any Share or Hedging Event.
Extraordinary Event means a Merger Event, Tender Offer, Nationalisation, Insolvency or Delisting, as the case may be.
Extraordinary Event. : means an Extraordinary Event as determined by the Calculation Agent (acting in good faith and in a commercially reasonable manner) in accordance with the Terms and Conditions of the underlying securities.
Examples of Extraordinary Event in a sentence
Delayed Redemption on Occurrence of an Extraordinary Event: Not applicable.
In that case and for the purpose of determining the Redemption Amount:(a) that fifth Scheduled Trading Day shall be deemed to be the Valuation Date, notwithstanding the fact that such day is a Disrupted Day; and(b) the Determination Agent shall determine its good faith estimate of the value of the Shares as of the Valuation Time on that fifth Scheduled Trading Day.(4) Extraordinary Event.
More Definitions of Extraordinary Event
Extraordinary Event means a Merger Event, Tender Offer, Nationalisation, Insolvency or Delisting.
Extraordinary Event means any event, circumstance or cause which Royal Bank determines has or will have a material adverse effect on the ability of Royal Bank to perform its obligations under the Notes or to hedge its position in respect of its obligation to make payment of amounts owing thereunder, including as a result of any of Royal Bank’s internal policies, and more specifically includes the following events to the extent that they have such effect:
Extraordinary Event means any of the following events:
Extraordinary Event with respect to a Share means any of the following events:
Extraordinary Event with respect to a Share means
Extraordinary Event means an Index Modification, Index Cancellation, Index Disruption or an Index Adjustment Redemption Event, all as defined in §4b(2) below.
Extraordinary Event means a significant event as detailed in the relevant Addendum.